USDA Section 504 Home Repair Loan

About This Program

Low-interest loan at 1% APR for very low-income homeowners in eligible rural areas near Denison to repair, improve, or modernize dwellings. Maximum 20-year term. Can be combined with Section 504 grant for seniors.

Loan amount based on repair cost and repayment ability, 1% interest rate

Key Details

• Loan up to $40,000 at 1% fixed interest
• Very low income required (50% AMI or below)
• Must own/occupy home in eligible rural area
• Up to 20-year repayment term
• Can combine with grant for seniors 62+

How to Apply

A grant-savvy contractor in Denison, TX can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Apply year-round through local USDA office